Market Overview:
The global physical security service market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing demand for physical security services from various end-use industries, such as transportation, government, banking & finance, utility & energy, residential and manufacturing & industrial. Additionally, the increasing adoption of video surveillance systems and intrusion detection systems are also contributing to the growth of the global physical security service market. However, lack of awareness about physical security services among end-users is restraining the growth of this market. On the basis of type, the global physical security service market can be segmented into video surveillance systemssurveillance cameras), intrusion detection systems (IDS), access control systems (ACS) and others (including fire alarm systemssystems). The video surveillance segment accounted for major share in 2017 and is projected to grow at a CAGR of 8% during 2018–2030 owing to increase in terrorist activities across globe coupled with rising concerns for safety and security among individuals as well as organizations. On account on application basis; transportation sector held largest share in 2017 followed by government sector due high number vehicular thefts across globe which has led governments towards installation advanced CCTV camera solutions along with other types safety measures such as metal detectors etc.
Product Definition:
Physical security service is a type of security service that focuses on protecting physical assets from unauthorized access, damage, or theft. Physical security services are important because they help protect valuable physical assets from being damaged or stolen.
Video Surveillance:
Video surveillance is the systematic observation of a particular area or event through video devices. It is used in many applications such as banks, government buildings, transportation facilities and private households for security purposes. The technology has evolved over time with analog being the first type to replace photography in many applications and now with digital replacing both analog & digital systems worldwide.
Intrusion Detection:
Intrusion detection is the technology used to detect intrusion attempts. It helps in protecting the physical security of a building or an area by providing alerts when there is an attempt to enter into prohibited areas. Intrusion detection systems are widely used in commercial, industrial and residential sectors for perimeter protection, access control and monitoring purposes. The technology comprises of sensors that are strategically placed around entry points such as doors and windows for sensing any movements or changes that take place within a certain range.
Application Insights:
The manufacturing and industrial application segment accounted for the largest revenue share in 2017. This is attributed to the rising need for physical security services in various manufacturing facilities across the world. The transportation application segment is expected to witness a significant growth rate over the forecast period owing to increasing passenger traffic, cargo movement, and travel demand globally. Furthermore, governments are taking initiatives against terrorism by enhancing airport security worldwide which will further propel market growth over the next eight years.
The utility and energy sector accounted for a considerable share of global industry revenues in 2017 as many companies are focusing on improving their infrastructure while expanding their business operations at different locations around the world.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to rising cases of crime, terrorist activities, and natural disasters in countries such as the U.S., Canada, and Mexico. For instance, according to a study published by RAND Corporation in 2016 titled “The Economic Impact of Public Safety†estimated that public safety expenditures accounted for 2% GDP annually from 2011 to 2015 on average across U.
Growth Factors:
- Increasing demand for security from the corporate sector
- Proliferation of data centers and the need for physical security thereof
- The increasing trend of BYOD in organizations
- Heightened concerns over terrorism and its impact on businesses
- Growing demand for integrated security solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Physical Security Service Market Research Report
By Type
Video Surveillance, Intrusion Detection, Access Control, Others
By Application
Transportation, Government, Banking & Finance, Utility & Energy, Residential, Manufacturing & Industrial, Others
By Companies
SOHGO SECURITY SERVICES CO.,LTD. (ALSOK), Bosch Sicherheitssysteme GmbH, Honeywell International,Inc., S-1 Corp, G4S PLC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Physical Security Service Market Report Segments:
The global Physical Security Service market is segmented on the basis of:
Types
Video Surveillance, Intrusion Detection, Access Control, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Government, Banking & Finance, Utility & Energy, Residential, Manufacturing & Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SOHGO SECURITY SERVICES CO.,LTD. (ALSOK)
- Bosch Sicherheitssysteme GmbH
- Honeywell International,Inc.
- S-1 Corp
- G4S PLC
Highlights of The Physical Security Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Video Surveillance
- Intrusion Detection
- Access Control
- Others
- By Application:
- Transportation
- Government
- Banking & Finance
- Utility & Energy
- Residential
- Manufacturing & Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Physical Security Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Physical security service is a type of security service that provides protection for physical assets, such as buildings, equipment and information.
Some of the key players operating in the physical security service market are SOHGO SECURITY SERVICES CO.,LTD. (ALSOK), Bosch Sicherheitssysteme GmbH, Honeywell International,Inc., S-1 Corp, G4S PLC.
The physical security service market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Physical Security Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Physical Security Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Physical Security Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Physical Security Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Physical Security Service Market Size & Forecast, 2018-2028
4.5.1 Physical Security Service Market Size and Y-o-Y Growth
4.5.2 Physical Security Service Market Absolute $ Opportunity
Chapter 5 Global Physical Security Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Physical Security Service Market Size Forecast by Type
5.2.1 Video Surveillance
5.2.2 Intrusion Detection
5.2.3 Access Control
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Physical Security Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Physical Security Service Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Government
6.2.3 Banking & Finance
6.2.4 Utility & Energy
6.2.5 Residential
6.2.6 Manufacturing & Industrial
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Physical Security Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Physical Security Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Physical Security Service Analysis and Forecast
9.1 Introduction
9.2 North America Physical Security Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Physical Security Service Market Size Forecast by Type
9.6.1 Video Surveillance
9.6.2 Intrusion Detection
9.6.3 Access Control
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Physical Security Service Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Government
9.10.3 Banking & Finance
9.10.4 Utility & Energy
9.10.5 Residential
9.10.6 Manufacturing & Industrial
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Physical Security Service Analysis and Forecast
10.1 Introduction
10.2 Europe Physical Security Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Physical Security Service Market Size Forecast by Type
10.6.1 Video Surveillance
10.6.2 Intrusion Detection
10.6.3 Access Control
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Physical Security Service Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Government
10.10.3 Banking & Finance
10.10.4 Utility & Energy
10.10.5 Residential
10.10.6 Manufacturing & Industrial
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Physical Security Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Physical Security Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Physical Security Service Market Size Forecast by Type
11.6.1 Video Surveillance
11.6.2 Intrusion Detection
11.6.3 Access Control
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Physical Security Service Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Government
11.10.3 Banking & Finance
11.10.4 Utility & Energy
11.10.5 Residential
11.10.6 Manufacturing & Industrial
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Physical Security Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Physical Security Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Physical Security Service Market Size Forecast by Type
12.6.1 Video Surveillance
12.6.2 Intrusion Detection
12.6.3 Access Control
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Physical Security Service Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Government
12.10.3 Banking & Finance
12.10.4 Utility & Energy
12.10.5 Residential
12.10.6 Manufacturing & Industrial
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Physical Security Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Physical Security Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Physical Security Service Market Size Forecast by Type
13.6.1 Video Surveillance
13.6.2 Intrusion Detection
13.6.3 Access Control
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Physical Security Service Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Government
13.10.3 Banking & Finance
13.10.4 Utility & Energy
13.10.5 Residential
13.10.6 Manufacturing & Industrial
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Physical Security Service Market: Competitive Dashboard
14.2 Global Physical Security Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SOHGO SECURITY SERVICES CO.,LTD. (ALSOK)
14.3.2 Bosch Sicherheitssysteme GmbH
14.3.3 Honeywell International,Inc.
14.3.4 S-1 Corp
14.3.5 G4S PLC
